India's forex reserves touch fresh record high of $723.8 billion

India's foreign exchange reserves reached another new all-time high in the week ended January 30, according to the...

Central Bank gold buying cools in April, marking second straight

Globally, central bank gold buying experienced a slowdown in April, according to the latest data from the World Gold...

Finance Ministry asked RBI to keep small borrowers out

The Ministry of Finance on Friday said it has asked the Reserve Bank of India (RBI) to ensure that the needs of...

Dollar dips, gold soars in Trump 2.0's first 100 days

Trump joined office of the President US on January 20, 2025 and from that time US dollar has depreciated over 7 per...

India's forex reserves rise for second consecutive week

India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about...

Buying by Central banks leads to record global gold demand

This surge was driven primarily by strong central bank purchases and increased investment demand. The combination of...

Loan against gold on rise, RBI raised concerns

The Gold loans in the country has registered strong growth recently says a report by Reserve Bank of India.

India's foreign exchange reserves rise after multi-week slump

India's foreign exchange (forex) reserves started to rise again after having slumped for an eighth consecutive week,...

India's forex reserves decline for seventh straight week

India's foreign exchange (forex) reserves dropped for a seventh consecutive week to hit an over four-month low of...

Amid global economic crisis, RBI hikes its gold reserve to 855 mt

Amid the ongoing global crisis India's total gold reserves held by the Reserve Bank of India (RBI) stand at 854.73...

Irregular practices in loans against pledge of gold ornaments

RBI has found irregular practices in the grant of loans against pledges of gold ornaments and jewelry by some...

India's gold demand faces challenges amid record prices

The record-high gold prices took a significant toll on jewellery consumption. Volumes fell 19 per cent y/y to 391...